1. Record each transaction in the journal, using the following account titles: Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Land, Building, Furniture; Accounts Payable; Utilities Payable; Notes Payable; Common Stock; Dividends; Service Revenue: Salaries Expense; Rent Expense; and Utilities Expense. Explanations are not required. 2. The following four-column accounts have been opened: Cash, 101Accounts Receivable, 111; Office SI oplies, 121, Prepaid Insurance, 131: Land, 141; Building, 151; Furniture, 161; Accounts Payable, 201: Utilities Payable, 211; Notes Payable, 221; Common Stock, 301: Dividends, 311, Service Revenue, 411; Salaries Expense, 511; Rent Expense, 521; and Utilities Expense, 531. Post the journal entries to four-column accounts in the ledger, using dates, account numbers, journal references, and posting references. Assume the journal entries were recorded on page 1 of the journal. 3. Prepare the trial balance of Taylor Murray, Attorney, at January 31, 2018 a More Info Jan. 1 Murray contributed $61,000 cash to the business, Taylor Murray, Attorney. The business issued common stock to Murray. N Purchased office supplies, $800, and furniture. $1,300, on account. Performed legal services for a client and received $1,500 cash. Purchased a building with a market value of $90,000, and land with a market value of $30,000. The business paid $30,000 cash and signed a note payable to the bank for the remaining amount. Prepared legal documents for a client on account, $700. Paid assistant's semimonthly salary, $1,100. Paid for the office supplies purchased on January 3 on account. Received $2,600 cash for helping a client sell real estate. Defended a client in court and billed the client for $800. Received a bill for utilities, $300. The bill will be paid next month. Received cash on account, $500. Paid $1,080 cash for a 12-month insurance policy starting on February 1. Paid assistant's semimonthly salary, $1,100. Paid monthly rent expense, $1,000. Paid cash dividends of $3.000. 25 Print Done